Energy Market Analysis – 19-05-2021
19th May 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices decreased yesterday as milder weather is expected to return to the UK and flows from the North Sea picked up following the end of maintenance.
Energy Market Analysis – 18-05-2021
18th May 2021 | Posted by: Daniel Birkett | Market Analysis
The end of maintenance at North Sea facilities offered bearish sentiment to the near gas curve during Monday’ session, with an upward revision in temperatures for the rest of the month and the start of June also a factor.
Energy Market Analysis – 17-05-2021
17th May 2021 | Posted by: Daniel Birkett | Market Analysis
High demand and rising commodities helped gas contracts to close higher on Friday, rounding off a largely bullish week on the UK gas market. Demand for power also offered additional strength to the front of the curve.
Energy Market Analysis – 14-05-2021
14th May 2021 | Posted by: Daniel Birkett | Market Analysis
The upward trajectory on the overall energy complex calmed yesterday, with both carbon and oil markets retracting some of their gains. This impacted the gas market and the majority of prices moved down despite high demand and tight supply.
Energy Market Analysis – 13-05-2021
13th May 2021 | Posted by: Daniel Birkett | Market Analysis
An oversupplied system helped to restrict upward movement at the front of the gas curve yesterday, although demand remained above the seasonal norm and supply is limited this week due to planned maintenance.